The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Head of Editorial Content, Saxo Bank
Summary: The crash of an Ethiopian Airlines Boeing 737 MAX has sent the company's shares down 9.7% as aviation authorities in several countries grounded future flights of the aircraft. In the FX space, meanwhile, the day's trading has a singular focus: Brexit.